New battery companies going bust a time when venture capitalists are already cautious may spell trouble for other energy storage firms looking to secure funding. Or will it? BEST magazine reports.
Atraverda's passing on this side of the Atlantic could shake investors' faith in all new battery technologies, just as the 'poor press' that A123 and others have received in the USA, on their collapse, has done.
Don Hobday, Vice President of Product Development at Advanced Battery Concepts (ABC), another bipolar lead-acid developer in the USA said, "The passing of Atraverda . . .
to continue reading this article...
Sign up to any Premium subscription to continue reading
To read this article, and get access to all the Premium content on bestmag.co.uk, sign up for a Premium subscription.
view subscription optionsAlready Subscribed? Log In